MOROCCO – UAE-government-owned renewable energy company, Masdar Energy has announced plans to set up a plastic treatment plant in Morocco.
The industrial venture will be situated in the Rabat region, focusing on the treatment and recovery of plastic waste, and will be developed by one of Masdar’s subsidies.
With a total investment of MAD 100 million (US$10 million), the project is set to generate more than 200 direct and indirect jobs. Prior to this project, the company was primarily focused on green electricity production.
Masdar Energy had also participated, with French company EDF Renouvelables and Moroccan company Green of Africa, in the Noor Midelt I project.
The Moroccan Agency for Renewable Energy (MASEN) awarded Masdar the initiative, which has an installed capacity of 800 MW, encompassing its design, financing, construction, operation, and maintenance.
While the current project in Morocco falls short of Masdar’s initial ambitions, it still holds immense significance as a crucial milestone for the company’s entry into the Moroccan market.
Recently, Masdar has been actively engaged in signing memorandums of understanding with three African countries: Angola, Uganda, and Zambia.
The agreements aim to foster collaboration in the development of electricity production projects driven by renewable energies.
Masdar also partnered with SOCAR, the state-owned Azerbaijani petroleum products distribution company, to invest in green hydrogen projects.
This development comes at a time when the North African country is reaffirming its strong commitment to combating plastic waste, by implementing the National Sustainable Development Strategy 2017, which aims for a transition to a greener economy by 2030.
Morocco took legal measures towards reducing the circulation of plastic in the country. Starting back in November 2006, when the Solid Waste Management Law No. 28-00 was promulgated. This law’s goal is to reduce gas emissions in Morocco.
There was also the famous “Zero Mika” law No. 77-15 law in 2016, which subsequently banned the production and use of plastic bags in Morocco.
Morocco additionally issued 2015 law No. 81-12. This law’s purpose is the protection and preservation of coastal areas of the country.
With the promise of an eco-friendly future up ahead, Morocco is truly setting an example as a pioneer in environmental awareness.
For all the latest packaging and printing industry news from Africa and the World, subscribe to our NEWSLETTER, follow us on Twitter and LinkedIn, like us on Facebook, and subscribe to our YouTube channel.
